Fasanara Capital has acquired 6,569 Ethereum (ETH) valued at $19.72 million over the past two days. The investment firm deposited the ETH into Morpho, a decentralized finance platform, and subsequently borrowed $13 million in USDC. The borrowed funds were used to purchase additional Ethereum, indicating a strategic move to increase their holdings in the cryptocurrency.
Fasanara Capital Acquires $19.72M in Ethereum, Leverages for More
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